An Echelon Media Company
Friday November 13th, 2026
Energy

Panasian Power subsidiary signs PPA with Sri Lanka power utility

PAP MHPL Solar in power purchase agreement with the Ceylon Electricity Board

September 9, 2024 1 min read

Sri Lanka’s Hayleys Fentons wins over 90MW solar IPP deals

Plants range from 5 to 3 MW

September 3, 2024 1 min read

Lakdhanavi Limited to manage and operate Sobadhanavi for 20 years

Responsibilities of engineering, procurement, construction, and commissioning for Sobadhanavi as turnkey contractor

September 2, 2024 1 min read

Sri Lanka cuts petrol to Rs332, diesel Rs307

Kerosene unchanged

September 1, 2024 1 min read
Proparco France interested in looking at Sri Lanka build-operate-transfer BESS projects

We have financed recently some renewable projects with those kinds of batterie

Sri Lanka extends deadline for 640MWh BOO battery storage system

The CEB will give a 15-year concession to investors to operate the plant.

Sri Lanka coal power plant breakdown won't affect Aug 15 power cut

The breakdown has occurred in Unit 1 of the plant.

Dulya de Silva
August 15, 2022 1 min read

Breakdown in Sri Lanka's Norochcholai power plant sees three-hour power cuts

Norochcholai has been in a constant state of breakdown or maintenance over the years.

Dulya de Silva
August 15, 2022 2 min read
1

Sri Lanka's fuel QR system upgraded; multiple company vehicles under single-BRN

One BRN and a mobile number is enough to register commercial vehicles to the QR system

August 14, 2022 1 min read

Sri Lanka schedules 1 hour 20 minutes of power cuts for Aug 15, 16

Sri Lanka hiked its electricity tariffs for the first time in 9 years last week.

Dulya de Silva
August 14, 2022 1 min read

Explainer: Sri Lanka's electricity tariff hike and how it works

Electricity prices were last hiked in 2013 however were slashed almost by 25% in 2014

Dulya de Silva
August 14, 2022 6 min read

Sri Lanka free trade zone manufacturers alarmed by electricity tariff hike

FTZMA said the high tariffs which are driving up cost of production would make Sri Lankan products highly uncompetitive

Dulya de Silva
August 13, 2022 3 min read

Sri Lanka's CEB owes Rs137.9bn to CPC and IPPs: Minister

Total debts, including projects loans for expansion was now valued at Rs612bn

August 12, 2022 2 min read
1

Sri Lanka to acquire 35,000MT of petrol; unloading on Aug 12

Wijesekara tweeted that the ship will arrive at the Colombo port Thursday night.

Chanka Jayasinghe
August 11, 2022 1 min read

Sri Lanka to introduce new electricity tariff scheme for low-income households

These new rates, proposed by the CEB, have been approved by the PUCSL, will be effective next week, he said.

Chanka Jayasinghe
August 10, 2022 3 min read

Sri Lanka schedules one-hour power cuts for Aug 12, 13, no outages on Aug 10, 14

“On holidays, power consumption goes down by almost 10 percent. That benefit is being passed down to the people."

Dulya de Silva
August 10, 2022 1 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 332.5018 332.3603
UK Pound 440.0661 440.9424
Euro 367.7137 368.4879
Yen 2.0793 2.0805
Aus Dollar 226.4670 227.4342
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.5357 3.5474
Korean Won 0.2494 0.2492
Oman Rial 863.5962 863.2287
Saudi Riyal 88.5939 88.5586
UAE Dirham 90.5259 90.4874
Source: Central Bank/Indicative
pts %
S&P SL20 6,293.72 -1.13%
CSE All Share 22,024.18 -0.60%
Turnover Rs 3232.70 million 2975.05 million
Source: CSE
Latest Last
3-m bill 7.61 7.84
6-m bill 7.91 8.26
12-m bill 8.23 8.3
3-yr bond 9.24 9.25
5-yr bond 9.82 9.56
8-yr bond 10.50 10.48
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
Gilt Repo 7.74 7.72
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka's Sapugaskanda oil refinery to resume operations on Aug 15: minister

It will be reopened upon the anticipated arrival of a crude oil shipment on August 13, he said.

Chanka Jayasinghe
August 10, 2022 3 min read

Select consumers in Sri Lanka required to pay electricity bills in dollars: regulator

The decision was made “despite several objections raised against the proposed scheme,” the PUCSL said.

Dulya de Silva
August 10, 2022 2 min read

Sri Lanka to revise petroleum law to allow new distributors

90 percent of fuel distribution in Sri Lanka is done by the state-run Ceylon Petroleum Corporation.

Mahadiya Hamza
August 9, 2022 2 min read

Sri Lanka hikes electricity prices 75-pct after soft-peg collapse

This will be the first time electricity rates are increased in nine years.

Dulya de Silva
August 9, 2022 3 min read

Sri Lanka cabinet nod for cost-based cooking gas pricing formula

The decision will see gas prices revised on the fifth of every month according to the formula.

August 9, 2022 1 min read

LIOC responds to EOI to contract out Sri Lanka CPC filling stations

LIOC also go the approval to appoint 50 new dealers

August 9, 2022 1 min read

Sri Lanka's state-run Litro announces cooking gas price drop

"I'm sure by next year we will be able to run smoothly," he said.

Dulya de Silva
August 8, 2022 2 min read

Sri Lanka's IOC unit authorised to open 50 new filling stations

"We will put out the advertisements and open them in the fifty locations."

Dulya de Silva
August 8, 2022 1 min read

Sri Lanka's energy ministry looking to allocate more fuel quotas for buses, taxis

"The ministry will look at the possibility of allocating additional quotas for those requirements on a separate QR code"

August 8, 2022 1 min read

Sri Lanka schedules one-hour powercuts for Aug 8-10

For the first time since April, the country did not cut power on Aug 06-07 due to hydropower generation

Dulya de Silva
August 7, 2022 1 min read